Nov 25, 2009 11:00am EST
. you know, it's hard drawing those perfect circles. >>> here's president obama getting ready to pardon that turkey. >> that's president for donating this year's turkey. his name is courage. he traveled here from golds borrow, north carolina, where he was raised under walter's own precious care. there you go. now, the national turkey federation has been bringing its finest turkeys to the white house for more than 50 years. i'm told president eisenhower and johnson actually ate their turkeys. you can't fault them for that. that's a good looking bird. president kennedy was even given a turkey with a sign around its neck that said, good eating, mr. president, but he show ee eed m and said, let's keep him going. and this president bush issued the first official presidential pardon for a turkey. today, i'm pleased to announce that thanks to the interventions of malia and sasha, because i was planning to eat this sucker, courage will also be spared this terrible and delicious fate. later today, he'll head to disney land, where he'll be grand marshall of tomorrow's parade. and just in case he
Nov 27, 2009 11:00am EST
year about how crowded obama's agenda is, but next week could be huge in his presidency. think about the issues on tap. on monday, the president's top priority, health care, comes to the senate floor. that debate begins. secondly, on tuesday, the president will address the entire nation on his new strategy for afghanistan, probably another 30,000 or so troops to committed to that war, which is increasingly unpopular. he'll get resistance from the democratic base. on thursday, a jobs program. a new jobs bill for either for december or january. a few tax credit, maybe some direction job creation. the entire price tag could end up at $200 million, which is the level mark zandi has recommended. then, we've got financial regulation moving more slowly, and then the banking committee's going to have a hearing on ben bernanke -- still huge in the context of this economy. >> presumably, we could get market-moving comments during the course of that. just as far as the broader issue of the debt goes, i know that mr. obama has said he will use the state of the union address to focus on that and
Nov 24, 2009 11:00am EST
? >> our whole country should worry about that. president obama has talked about the continuing deficit becoming a problem. we need to be aware of it and get those deficits down, but the machine still works and the capital markets here still continue to be able to effectively bring in treasury debt to market. >> we're going to bring row the results of the auction and see how the government does today. >> thanks so much. >>> facebook is set to launch a massive ad campaign before black friday. how does that affect users? and then it's a vicious price war between walmart and amazon. who will win that war and we're already hearing wear and tear on one other retailer as a result of that price war. all that and more on "power lunch." >> looking forward to it. we're going to take a quick break and then, will the weak economy impact your thanksgiving. jane wells went shopping for some answers. jane? >> trish, i have never paid for little for thanksgiving, even though it's been hard to find pumpkin pie filling. why are there egos here? i will explain all after the break. tdd#: 1-800-345-2550 if
Nov 23, 2009 11:00am EST
was a major campaign issue for both president obama and hillary clinton at the time, and health care has been -- we think when reform is done money will move back into health care that's underowned an cheap. >> so what about the manage -- i mean, there's specific companies here that you actually like and think will do better than others. >> that's right. >> explain the rational ale there. >> aetna is trading at one-half its normal p.e. multiple or eight times earnings. that's reflecting concern its earnings would get cut significantly as a result of reform. even though they'll be enrolling more lives their margins could get hit. we don't think earnings will be cut in half. mckesson and medco will also benefit by use of people who use prescription drugs. >> certain red flags you'd be looking for that mean that stocks could break out? >> well, i think, you know, what i cover is obviously pharmaceuticals. what i would focus on there, i think we've seen a massive move up in these stocks through the whole debate. if you go back to april, in fact, i think merck was $21. it's now closing on on $37.